Updates for Thursday 7/9/20

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Below is a time-delayed excerpt from our live updates for members.

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​Updates 11:28 AM EST - Thursday 7/9/20
$VIX is intent on rising up further.   It turned out that $VIX wild gyration pre-market was a warning that $VIX was about to surge.

• IWM is likely to get down to its blue support zone today.
• $NDX is likely to get down to its green support  zone today.
• $SPX is likely to drop down below its green support  zone, but may not drop as far as its blue major support  zone.

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• No signal right now to enter long.

We closed out our TZA trade at 22.5 which was obviously too early.   It was still a profitable 11% trade.    

Updates 9:44 AM EST - Thursday 7/9/20
The selling is happening as we projected.   So we are using this opportunity to exit TZA.   

Updates 9:21 AM EST - Thursday 7/9/20
$VIX gyrated wildly early this morning, making it hard to predict the next move.  For now, $VIX appears to be ready to rise at open, possibly to reach 29.3.   But it is likely to drop down from there.

This means that after some possible selling at open, we may see $SPX $NDX IWM rising up for a good part of the day.

We don't have high confidence in these projections because $VIX is not giving us a clear message right now.

Updates 12:01 AM EST - Thursday 7/9/20
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